588: Multifamily-Cash Flowing Properties In Indiana

Despite the escalation of asset prices over the past decade, there’s still great value In Midwestern tertiary markets. In multifamily, you can still buy properties for $65,000-$75,000 per unit that generate strong cash flow. Although these are small markets, many of them have strong and stable employment fundamentals, and therefore consistently high occupancy levels. Stan Remling, Partner at Follow the Deal Investments, has accumulated a portfolio of 700 units over the past few years within a two-hour drive of Indianapolis.